IPG Photonics (NASDAQ:IPGP) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $82.50, but opened at $78.17. IPG Photonics shares last traded at $77.76, with a volume of 3,483 shares.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on IPGP. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 8th. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and boosted their price target for the stock from $68.00 to $105.00 in a research report on Wednesday, November 5th. Benchmark reissued a “hold” rating on shares of IPG Photonics in a report on Wednesday. Roth Capital set a $96.00 price objective on IPG Photonics and gave the company a “buy” rating in a research note on Monday, October 6th. Finally, Stifel Nicolaus set a $92.00 target price on IPG Photonics in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.33.

Read Our Latest Research Report on IPG Photonics

IPG Photonics Trading Up 0.5%

The stock has a fifty day simple moving average of $83.15 and a 200-day simple moving average of $78.28. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 127.04, a price-to-earnings-growth ratio of 19.96 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.19. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.The company had revenue of $250.79 million during the quarter, compared to analyst estimates of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

Insider Transactions at IPG Photonics

In related news, Director Eugene A. Scherbakov sold 2,700 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.03, for a total value of $205,281.00. Following the completion of the sale, the director owned 64,730 shares in the company, valued at approximately $4,921,421.90. This trade represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Trevor Ness sold 1,681 shares of IPG Photonics stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $75.58, for a total value of $127,049.98. Following the sale, the senior vice president directly owned 37,206 shares in the company, valued at approximately $2,812,029.48. This trade represents a 4.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 423,451 shares of company stock worth $33,982,726. 39.50% of the stock is currently owned by insiders.

Institutional Trading of IPG Photonics

Hedge funds have recently modified their holdings of the company. Versant Capital Management Inc grew its holdings in shares of IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 116 shares in the last quarter. Allworth Financial LP lifted its position in IPG Photonics by 10.2% in the third quarter. Allworth Financial LP now owns 1,449 shares of the semiconductor company’s stock worth $115,000 after purchasing an additional 134 shares during the period. PNC Financial Services Group Inc. boosted its stake in IPG Photonics by 8.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,813 shares of the semiconductor company’s stock worth $124,000 after buying an additional 148 shares in the last quarter. Inspire Investing LLC increased its holdings in IPG Photonics by 2.8% in the 1st quarter. Inspire Investing LLC now owns 6,383 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 176 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of IPG Photonics by 3.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,352 shares of the semiconductor company’s stock valued at $436,000 after buying an additional 194 shares in the last quarter. Institutional investors own 93.79% of the company’s stock.

About IPG Photonics

(Get Free Report)

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

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